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New Deal


Announced

Completed

Freedom Mortgage completed the acquisition of a minority stake in the Philadephia Phillies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For16%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

United States

baseball team

Recreational Services

Completed

Friendly

Single Bidder

Minority

Domestic

Synopsis

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Freedom Mortgage, a full-service mortgage lender, completed the acquisition of a minority stake in the Philadephia Phillies, an American professional baseball team. Financial terms were not disclosed. “I’m delighted to be joining such a wonderful organization. It truly is a dream come true. Having grown up in Philadelphia, and spending my childhood as a huge Phillies fan, I feel truly blessed to have such an amazing opportunity in my lifetime. My family and I hope we can be a small part in the continuing success of this world-class sports organization,” Stanley C Middleman, Freedom Mortgage Founder, President & CEO.

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